The price of USD$100k is incredible and certainly demonstrates lift off, but think about why it was/has been achieved- Because mostly US institutions have embraced a strategy of accumulating custody and control of sats- and their custody expressly prevents those sats they hold from being used for P2P payments. At current rates US institutions will acquire most Bitcoin ever issued within 5 years. This accumulation is what has caused most of the price rise in recent times. What they don't hold custody of will mostly be held by investors who see their stack as a speculative commodity, not as a MoE. What gives the USD is power and strategic importance- its domination of international trade settlements via SWIFT. MoE is where money gains control over markets and individuals within markets. Bitcoin as a speculative commodity is not a threat to fiat MoE hegemony- Bitcoin as a speculative commodity (KYCed and taxed) is a captured and controlled commodity. The governments and banks have engineered this capture to protect and preserve their fiat MoE hegemony. Everytime you zap some sats on SN you almost certainly break the law- by failing to report the acquisition cost and sale price and thus capital gain resulting from that transaction. Governments have slyly made MoE use of Bitcoin effectively impractical / illegal. And meanwhile most bitcoiners were/are blinded to this by the spectacular speculative gains they have made.